Juniper Hotels Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Juniper Hotels Limited has issued a statement regarding the utilization of funds from its recent IPO, raising ₹1,800 crores through a fresh issue of 5 crore equity shares. The report confirms that there has been no deviation or variation in the planned use of funds as of December 31, 2024, with ₹1,500 crores allocated for repaying outstanding borrowings and ₹233.08 crores for general corporate purposes. This consistent allocation suggests effective financial management. Investors can maintain a positive outlook, as the company demonstrates adherence to its financial strategy and responsible use of raised capital.